Dawgpound Incorporated has a bond trading on the secondary market that will mature in four years. The bond pays an annual coupon with a coupon rate of 5.50% and has a face value of $1,000.00. Based on the economy and risk associated with Dawgpound, you seek a 10.25% return on Dawgpound debt. What price are you willing to pay for the bond? Answer format: Currency: Round to: 2 decimal places. An investor looks at today's yield to maturities in the Wall Street Journal for debt with 10 year maturities. He observes the following: Exxon Mobil (XON) has debt that is AAA rated. Suppose an investor wants to value Exxon bonds that will mature in 10 years. He sees one Exxon bond that pays a 8.50% annual coupon with a face value of $1,000. What should the bond trade for today? Answer format: Currency: Round to: 2 decimal places